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Side-by-side financial comparison of Excelerate Energy, Inc. (EE) and Montrose Environmental Group, Inc. (MEG). Click either name above to swap in a different company.

Excelerate Energy, Inc. is the larger business by last-quarter revenue ($317.6M vs $193.3M, roughly 1.6× Montrose Environmental Group, Inc.). On growth, Excelerate Energy, Inc. posted the faster year-over-year revenue change (15.7% vs 2.2%). Over the past eight quarters, Excelerate Energy, Inc.'s revenue compounded faster (26.0% CAGR vs 11.5%).

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

Montrose Environmental Group, Inc. is an American multinational corporation that provides wide-ranging environmental services. The company is vertically integrated across the environmental industry and supports public and private sector clientele. Montrose is headquartered in Little Rock, Arkansas and incorporated in the U.S. state of Delaware.

EE vs MEG — Head-to-Head

Bigger by revenue
EE
EE
1.6× larger
EE
$317.6M
$193.3M
MEG
Growing faster (revenue YoY)
EE
EE
+13.4% gap
EE
15.7%
2.2%
MEG
Faster 2-yr revenue CAGR
EE
EE
Annualised
EE
26.0%
11.5%
MEG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EE
EE
MEG
MEG
Revenue
$317.6M
$193.3M
Net Profit
$-8.2M
Gross Margin
38.6%
Operating Margin
22.2%
-1.3%
Net Margin
-4.3%
Revenue YoY
15.7%
2.2%
Net Profit YoY
70.9%
EPS (diluted)
$0.24
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EE
EE
MEG
MEG
Q4 25
$317.6M
$193.3M
Q3 25
$391.0M
$224.9M
Q2 25
$204.6M
$234.5M
Q1 25
$315.1M
$177.8M
Q4 24
$274.6M
$189.1M
Q3 24
$193.4M
$178.7M
Q2 24
$183.3M
$173.3M
Q1 24
$200.1M
$155.3M
Net Profit
EE
EE
MEG
MEG
Q4 25
$-8.2M
Q3 25
$8.4M
Q2 25
$18.4M
Q1 25
$-19.4M
Q4 24
$-28.2M
Q3 24
$-10.6M
Q2 24
$-10.2M
Q1 24
$-13.4M
Gross Margin
EE
EE
MEG
MEG
Q4 25
38.6%
Q3 25
39.4%
Q2 25
43.4%
Q1 25
39.0%
Q4 24
40.8%
Q3 24
40.9%
Q2 24
39.9%
Q1 24
37.8%
Operating Margin
EE
EE
MEG
MEG
Q4 25
22.2%
-1.3%
Q3 25
22.3%
4.4%
Q2 25
21.2%
6.4%
Q1 25
20.9%
-5.9%
Q4 24
21.9%
-12.1%
Q3 24
30.9%
-0.6%
Q2 24
27.2%
-1.5%
Q1 24
22.6%
-6.5%
Net Margin
EE
EE
MEG
MEG
Q4 25
-4.3%
Q3 25
3.7%
Q2 25
7.8%
Q1 25
-10.9%
Q4 24
-14.9%
Q3 24
-5.9%
Q2 24
-5.9%
Q1 24
-8.6%
EPS (diluted)
EE
EE
MEG
MEG
Q4 25
$0.24
$-0.13
Q3 25
$0.43
$0.21
Q2 25
$0.15
$0.42
Q1 25
$0.46
$-0.64
Q4 24
$0.42
$-0.91
Q3 24
$0.35
$-0.39
Q2 24
$0.26
$-0.39
Q1 24
$0.24
$-0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EE
EE
MEG
MEG
Cash + ST InvestmentsLiquidity on hand
$538.2M
$11.2M
Total DebtLower is stronger
$936.3M
$277.1M
Stockholders' EquityBook value
$2.2B
$451.2M
Total Assets
$4.1B
$981.3M
Debt / EquityLower = less leverage
0.42×
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EE
EE
MEG
MEG
Q4 25
$538.2M
$11.2M
Q3 25
$462.6M
$6.7M
Q2 25
$426.0M
$10.5M
Q1 25
$619.5M
$30.3M
Q4 24
$537.5M
$12.9M
Q3 24
$608.4M
$13.0M
Q2 24
$609.1M
$16.9M
Q1 24
$578.9M
$9.5M
Total Debt
EE
EE
MEG
MEG
Q4 25
$936.3M
$277.1M
Q3 25
$942.0M
$302.4M
Q2 25
$946.2M
$264.6M
Q1 25
$322.6M
$235.6M
Q4 24
$333.6M
$204.8M
Q3 24
$345.7M
$233.0M
Q2 24
$356.4M
$188.7M
Q1 24
$366.9M
$280.9M
Stockholders' Equity
EE
EE
MEG
MEG
Q4 25
$2.2B
$451.2M
Q3 25
$2.2B
$458.7M
Q2 25
$2.1B
$470.3M
Q1 25
$1.9B
$444.1M
Q4 24
$1.9B
$446.3M
Q3 24
$1.9B
$449.2M
Q2 24
$1.8B
$448.8M
Q1 24
$1.8B
$324.5M
Total Assets
EE
EE
MEG
MEG
Q4 25
$4.1B
$981.3M
Q3 25
$4.1B
$985.7M
Q2 25
$4.0B
$998.1M
Q1 25
$2.9B
$992.2M
Q4 24
$2.9B
$990.4M
Q3 24
$2.9B
$1.0B
Q2 24
$2.9B
$943.9M
Q1 24
$2.9B
$918.1M
Debt / Equity
EE
EE
MEG
MEG
Q4 25
0.42×
0.61×
Q3 25
0.43×
0.66×
Q2 25
0.44×
0.56×
Q1 25
0.17×
0.53×
Q4 24
0.18×
0.46×
Q3 24
0.18×
0.52×
Q2 24
0.19×
0.42×
Q1 24
0.20×
0.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EE
EE
MEG
MEG
Operating Cash FlowLast quarter
$104.4M
$51.9M
Free Cash FlowOCF − Capex
$46.5M
FCF MarginFCF / Revenue
24.1%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$91.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EE
EE
MEG
MEG
Q4 25
$104.4M
$51.9M
Q3 25
$114.9M
$28.1M
Q2 25
$87.1M
$21.9M
Q1 25
$154.8M
$5.5M
Q4 24
$49.6M
$32.0M
Q3 24
$39.8M
$11.4M
Q2 24
$90.4M
$894.0K
Q1 24
$64.7M
$-22.0M
Free Cash Flow
EE
EE
MEG
MEG
Q4 25
$46.5M
Q3 25
$22.3M
Q2 25
$19.9M
Q1 25
$2.4M
Q4 24
$29.7M
Q3 24
$10.2M
Q2 24
$-9.8M
Q1 24
$-29.3M
FCF Margin
EE
EE
MEG
MEG
Q4 25
24.1%
Q3 25
9.9%
Q2 25
8.5%
Q1 25
1.3%
Q4 24
15.7%
Q3 24
5.7%
Q2 24
-5.6%
Q1 24
-18.9%
Capex Intensity
EE
EE
MEG
MEG
Q4 25
2.8%
Q3 25
2.6%
Q2 25
0.8%
Q1 25
1.8%
Q4 24
1.2%
Q3 24
0.6%
Q2 24
6.1%
Q1 24
4.7%
Cash Conversion
EE
EE
MEG
MEG
Q4 25
Q3 25
3.36×
Q2 25
1.19×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EE
EE

Other$179.4M57%
Revenue From Leases$138.1M43%

MEG
MEG

Segment breakdown not available.

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